GOLD
Toro Gold became Africa’s newest gold producer last week when it delivered its first batch of bullion, and the privately held firm is now weighing the possibility of selling shares this year. The company, which achieved the unusual feat of building a bullion mine without tapping public markets for funding, expects to produce about 135 000 oz of the metal a year from the Mako project in Senegal. The mine was built ahead of schedule and came in below the $158-million budget.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access